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Galiano Gold Inc T.GAU

Alternate Symbol(s):  GAU

Galiano Gold Inc. is a Canada-based company, which owns the Asanko Gold Mine, which is located in Ghana, West Africa. The Asanko Gold Mine is a multi-deposit complex, with four main open-pit mining areas: Abore, Miradani North, Nkran and Esaase, and multiple satellite deposits, situated on the Asankrangwa Gold Belt, and a 5.8 metric tons per annum carbon-in-leach processing plant. The Asanko Gold Mine holds the land package within the belt, with over 21,000 hectares of tenure on this prospective and under-explored portion of central Ghana. The Abore is located along the haulage road between Obotan and Esaase, over 15 kilometers north of the mill. Miradani North is designed to be mined in two phases to help advance the high-grade ore and manage relocation costs associated with the Tontokrom village to the south. The Asankrangwa gold belt is located within the Kumasi basin. Its subsidiaries are Galiano Gold South Africa (PTY) Ltd, Galiano International (Isle of Man) Limited and others.


TSX:GAU - Post by User

Comment by Abeniteon Dec 30, 2021 3:43pm
362 Views
Post# 34271959

RE:RE:RE:News

RE:RE:RE:NewsHello BB. I have been a shareholder, like a revolving door.or musical chairs, of this dog since 2003 and it's great granddaddy called PMI Ventures. Miss a few years here and there but always checking in. I guess the chart says it all. Their AISC is too high for the market but I am betting it is coming down next year. Gold Fields has to be looking seriously in 2022 of stealing this old dog at a buck while the getting is good. They have $50 million, or 20% of the purchase price, just sitting around that GF can use for colateral with a SA bank. I sold half my posion last May but the last half is 50% underwater. This new pres must be there to swing the deal in 2022, otherwise why hasn't he done something to make his mark. Anyway price can't get much lower so dead money is just a test of patience.     
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